The Role of Time Management in Enhancing Performance in the Nigerian Banking Sector

Time is a passive thing within the limit of the organization and employees need to make best use of appropriate time required to carry out a specified task to achieve desired results, but in Nigeria today, some organizations face challenges centering on inefficiencies in its time management resulting to low productivity and poor organizational productivity. This study investigated the impact of time management on business performance in banking industry in Nigeria. Survey research design was adopted and a total of 477 respondents were selected using stratified sampling technique. A structured questionnaire was used for data collection and descriptive inferential statistics was used for analysis at 0.05 alpha level. Findings revealed that there is significant contribution of time management practice to business performance. Also, it was ascertained that there are differences between male and female respondents’ perception on business performance based on time management practice. It was recommended that organization should specify the time bound for performance of a specific task with strict enforcement using internal mechanism. Also, importance should be attached to the time frame for job performance and compliance among the workforce and form part of appraisal format for promotion at the workplace.